28 January 2015

HSI Futures

U.S. stocks closed more than 1 percent lower on Tuesday as disappointing results from a number of bellwether companies pointed to weakening conditions, while an unexpected decline in durable goods orders also weighed on sentiment.

Hong Kong shares snapped a five-day winning streak on Tuesday, dragged down by losses in mainland China markets.

Plan A : Above 25066, do nothing
Plan B : Below 24690, do nothing
Plan C : Attempt selling if market stays trading below 24816
Plan D : Cut above 25066
Plan E : Consider buying if market holds above 24690 and triggers a buy
Plan F : Cut below 24690


FKLI

Market went through a choppy trading yesterday before settling at 1801. Sustainability of it would be at test today as market is expected to open lower, following Dow's lead. Market must at least close above 1793 today to avoid any further selling ahead of the long weekend holiday.

Plan A : Attempt selling if market stays trading below 1800
Plan B : Cut above 1808
Plan C : Consider intraday buy only if market holds stubbornly above 1793
Plan D : Cut below 1785


FCPO

FCPO rebounded yesterday during second session after touching the low of 2151 yesterday. Dalian and soybean oil are trading slightly weaker while Ringgit hovered around RM3.60 to RM3.61. 

Plan A : Resistance for overnight seller is 2194. Target is 2120.
Plan B : Buyer may buy if market could support above 2167. Target is 2216 and 2248.
Plan C : Fresh seller stay out.
Plan D : Above 2220, do nothing.
Plan E : Below 2160, do nothing.

*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment